10-Q Filing

ARVANA INC CIK: 1113313 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001211524-14-000055`
Period End Date	20140331
Filing Date	20140514
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	avni-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 23 Cash Flow Statement 34

Balance Sheet 42 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$321.00	USD	Point-in-time
Cash	`Cash`	$731.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Total assets	`Assets`	$731.00	USD	Point-in-time
Total assets	`Assets`	$321.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	885,130.00	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	885,130.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	885,130.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	885,130.00	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.06M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	-3,336.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	-3,336.00	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.06M	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$668.37K	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$666.51K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$34.95K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$33.97K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$144.40K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$144.05K	USD	Point-in-time
Amounts due to related parties (Note 3and 6)	`DueToOtherRelatedPartiesClassifiedCurrent`	$493.53K	USD	Point-in-time
Amounts due to related parties (Note 3and 6)	`DueToOtherRelatedPartiesClassifiedCurrent`	$483.79K	USD	Point-in-time
Total current liabilities	`Liabilities`	$2.40M	USD	Point-in-time
Total current liabilities	`Liabilities`	$2.39M	USD	Point-in-time
Common stock, $0.001 par value 5,000,000 authorized, 885,130 shares issued and outstanding at December 31, 2011, respectively (Note 4)	`CommonStockValue`	$885.00	USD	Point-in-time
Common stock, $0.001 par value 5,000,000 authorized, 885,130 shares issued and outstanding at December 31, 2011, respectively (Note 4)	`CommonStockValue`	$885.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.17M	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-22.71M	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-22.71M	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$845.78K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$854.76K	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-2.39M	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-2.38M	USD	Point-in-time
Less: Treasury stock - 2,085 at December 31, 2012 and 2011, respectively	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Less: Treasury stock - 2,085 at December 31, 2012 and 2011, respectively	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-2.39M	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-2.40M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$321.00	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$731.00	USD	Point-in-time

Income Statement 23 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$736.65K	USD	17 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$23.94K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.98K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$103.00	USD	17 Qtrs
Total operating expenses	`OperatingExpenses`	$23.94K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.89K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$736.75K	USD	17 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-5.89K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-23.94K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-736.75K	USD	17 Qtrs
Interest expense	`InterestExpense`	$198.79K	USD	17 Qtrs
Interest expense	`InterestExpense`	$12.64K	USD	1 Quarter
Interest expense	`InterestExpense`	$12.06K	USD	1 Quarter
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$89.77K	USD	17 Qtrs
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$30.45K	USD	1 Quarter
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$27.52K	USD	1 Quarter
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$8.98K	USD	1 Quarter
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-845.78K	USD	17 Qtrs
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-5.55K	USD	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	885,130.00	shares	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	885,130.00	shares	1 Quarter
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$8.98K	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-5.55K	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-845.78K	USD	17 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$103.00	USD	17 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$30.44K	USD	1 Quarter
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$86.03K	USD	17 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$27.52K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$13.94K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$478.80K	USD	17 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$11.28K	USD	1 Quarter
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$21.31K	USD	1 Quarter
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$510.00	USD	1 Quarter
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$299.44K	USD	17 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-153.48K	USD	17 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-4.09K	USD	1 Quarter
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-3.40K	USD	1 Quarter
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$4.50K	USD	1 Quarter
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$72.32K	USD	17 Qtrs
Proceeds of loans payable related parties	`ProceedsFromRelatedPartyDebt`	$17.69K	USD	1 Quarter
Proceeds of loans payable related parties	`ProceedsFromRelatedPartyDebt`	$36.52K	USD	17 Qtrs
Proceeds of loans payable	`ProceedsFromIssuanceOfDebt`	$44.83K	USD	17 Qtrs
Proceeds of loans payable	`ProceedsFromIssuanceOfDebt`	$3.33K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.33K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$153.68K	USD	17 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.50K	USD	1 Quarter
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$197.00	USD	17 Qtrs
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$410.00	USD	1 Quarter
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-73.00	USD	1 Quarter
Cash beginning of year	`CashBeginningOfYear`	$321.00	USD	1 Quarter
Cash beginning of year	`CashBeginningOfYear`	$1.25K	USD	1 Quarter
Cash beginning of year	`CashBeginningOfYear`	$534.00	USD	17 Qtrs
Cash end of Year	`CashEndOfYear`	$1.18K	USD	1 Quarter
Cash end of Year	`CashEndOfYear`	$731.00	USD	1 Quarter
Cash end of Year	`CashEndOfYear`	$731.00	USD	17 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.